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What is the journal entry of issue of shares?
Debit Cash / bankCredit Shares in share capital of business
The journal entry to issue 1000000 shares of 5 dollars par common stock for 7dollars per share on January 2nd would be?
debit cash 70000000credit shares in share capital 5000000credit premium on shares capital 2000000
How do you prepare a journal entry for purches of shares?
Debit shares in companyCredit cash /bank
State the double entry principle?
state the principles of double entry
What entry made in shareholders books after getting bonus shares?
A credit entry is made in a shareholder's books after getting bonus shares. The normal balance for equity holdings is a credit balance.
What is the journal entry of issue of shares?
Debit Cash / bankCredit Shares in share capital of business
How do you complete an entry for 2000 shares at 9?
How do you complete an entry for 2000 shares at 9?
The journal entry to issue 1000000 shares of 5 dollars par common stock for 7dollars per share on January 2nd would be?
debit cash 70000000credit shares in share capital 5000000credit premium on shares capital 2000000
What is the entry of bonus share shares 100000 1 bonus shares for every 5 shares?
No need to pass any Entry Because u need not to pay any amount in respect of such Shares,Just increase the no. of Shares. Ok SONU BHOJWANI No need to pass any Entry Because u need not to pay any amount in respect of such Shares,Just increase the no. of Shares. Ok SONU BHOJWANI
How do you prepare a journal entry for purches of shares?
Debit shares in companyCredit cash /bank
What is the maximum number of shares of stock that a corporation can issue over the life of the charter called?
authorized shares are the maximum number of shares of stock that a corporation can issue.
What are the accounting entries for free shares?
You would make the journal entry the same way you would make it if they were not free shares. You would use the estimated or known value of the free shares to make the entry.
What is the minimum subscription?
When a company offer shares to the public, they offer many shares, however they set a speific amount to be subsribed by the public in order to issue the shares, otherwise they cannot issue the shares.
For the company who had already have IPO mif they want to issue the new shares are they need to make another IPO?
No. A company can issue an IPO only once. They can issue new shares through bonus shares or through rights issues.
State the double entry principle?
state the principles of double entry
What entry made in shareholders books after getting bonus shares?
A credit entry is made in a shareholder's books after getting bonus shares. The normal balance for equity holdings is a credit balance.
Can a private company issue shares?
no it can't
